RES NO 61-1974 RESOLUTION NO. 61 -74
A RESOLUTION OF THE URBAN RENEWAL 'BOARD OF COMMfSSIONERS AUTHORIZING
TIIE CHAIRMAN TO ACCEPT TUE BID OF ACTION 40NEE, ❑VC., IT)1( rDE PURCHASE OR CERTA1
DISPOSITION PARCELS IN TIII_: NEIGHBORHOOD DI VELOWN'r 1'ROCHAM NuiA, AUK. A NW.
WHEREAS, a public of fc 17.-n 17.-n ur cei i i disposition i n p rr was was m i <ie i06 A i u >r
1973, April 8, 1974 and Sep iinuhe r 3, )_9 /4 pit accordan ce With Ihr ;ili pnvtU i.auu
disposal procedure; and
WHEREAS, a bid from Aet I10n1c;, IOC. is the higest received trou'i the I i.
who met the bidding requirements; a
WHEREAS, the amount of the bid of $1,150.00 meets the approved
minimum disposal price; and
WHEREAS, the Urban Renewal Agency of the City DE Van Buren. has a;cert „J.nu.d die
qualifications and financial responsibility of the proposed redeveloper.
NOW, THEREFORE, BE IT RESOLVED BY THE URBAN RENEWAL COMMISSION OF THE URBAN
RENEWAL AGENCY OF THE CITY OF VAN BUREN.
I.
That the Chairman of the Urban Renewal Commission be authorized
to accept the bid of Action Homes, Inc. following identified disposition parcel
at the listed bid price
Parcel Legal Description Size Use Price
113 -7A North 1/2, lots 18, 19,20,21,22, 13,125 R $1,15G.
23, and 24, Block "D Mountain
View Addition, Van Buren, Crawford
County, Arkansas
II.
That the acceptance of this bid is in accordance with the approved land
disposition program.
I1I.
That Action Homes, Inc. possesses the qualifications and financial resources
necessary to acquire and develop the land in accordance with the Urban Renewal
Plan.
IV.
That the acceptance of this bid is subject to all the requirements of the
Urban Renewal law and approval by the Department of Housing and Urban Development.
PASSED AND APPROVED BY THE URBAN RENEWAL COMMISSION OF THE URBAN RENEWAL AGENCY
OF THE CITY OF VAN BUREN, ARKANSAS, THIS THE 26th Day of September 1974.
ATTEST:
ccco
Secretary
Chaairman
0 APPROVED AS TO FORM:
f%
Attorney
li
Approved by the City of Van Buren, Arkansas on the day of 1971
Mayor
ATTESTED:
City Clerk
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